Why the Internet Won't Kill the Car Dealer
9 August 2000
But That Doesn't Mean that the Dealer's Life Is Getting Any Easier
NEW YORK - Internet-enabled automotive retailing is still in its infancy, but it has the potential to knock $1,000 off the price of the average car, according a new report by PricewaterhouseCoopers. The only question is - who's going to get the savings?Mike Burwell and Jeff Sands, automotive industry specialists in Transaction Services and PricewaterhouseCoopers Securities respectively, can discuss:
| -- | Why the entrenched car dealership network in the U.S. is under pressure on all sides - and why independent dealers will survive. |
| -- | Why the ultimate fate of dealers depends largely on their ability to use the wealth of consumer information at their fingertips - and why many will fail the test. |
| -- | Where the acquisition money to reshape the dealership universe is coming from - and why there is more M&A activity likely than many in the industry expect. Burwell and Sands can also speak to: |
| -- | Global consolidation issues in the automotive industry. |
| -- | Trends in automotive M&A. |
| -- | How change in the automotive industry will impact shareholder returns. |
PricewaterhouseCoopers is the world's largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, the organization helps clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world. PricewaterhouseCoopers refers to the member firms of the worldwide PricewaterhouseCoopers organization.